As Joel notes, it is a great way to monitor tenant health and be prepared for failing tenants ahead of them stopping to pay.

Now, three years later, the community is complete, and an official HOA board is in place.

A chapt 7 takes about 3 mos and you are back on your way to health.

Great idea to get in on the ground floor in that market, meeting with officials.

The old trailer on our lot was full of mold which wasn't helping my health any.

@Matthew Gentile  one main factor to remember Income is critical in this business to obtain financing of any magnitude and a stable well paying W 2 allows you to obtain debt for your RE purchases plus if you have health bene's etc that's critical as your family grows.

The kind of thing you only really see in America today in families with trauma and mental-health issues, traditionally where the pop refuses to get help and the mom refuses to stop enabling him.

Option 1 offers the potential for immediate cash flow and appreciation, which can significantly contribute to your overall financial health.

Officially, for crime to count, it has to go thru the courts and end with a conviction.

And then you lose all your bene's and raising a family and paying for health insurance is a big deal.